Econbrowser: Northern Ghawar is in decline

Econbrowser: Northern Ghawar is in decline: "If you end up being surprised by the big story of the next decade, you can't say, 'nobody told us.' Instead you'll have to say, 'we didn't listen.'

Stuart Staniford (Ph.D. in physics) has been conducting a very careful and detailed investigation of all that is publicly known about Ghawar in Saudi Arabia, which is by far the world's largest and most important oil field. "

I'm glad intelligent and reasonable people are looking at this question and providing us with (relatively) unbiased information. As our politicians were wont to tell us a decade ago, the new economy is all about information.